Theory and practice of entrepreneurship: economic growth and trends in small and medium business

The article contains the results of the research of the entrepreneurship trends in the small and medium business (SMB). The analysis of such indicators as the turnover and the number of SMB entities has been carried out as the indicators of the development of the entrepreneurship sphere. Additional indicators such as the growth rate and the increment rate of the identified indicators have been calculated, and the structural changes in the SMB in 2017 - 2021 have been investigated. Factors that justify the fluctuations in the entrepreneurship have been identified. Within the extended analysis the trend models of the turnover and the number of entities of the entrepreneurship have been devised which allowed to identify a clearer trend in this economic sector. As a result, some positive trend of the economic development of the entrepreneurship in 2005 - 2021 was noticed with some slowdown in 2020 - 2021 which can be explained by a number of objective reasons. Currently it is extremely important for the entrepreneurship to be given a government support by means of national projects. The trend models devised within the research that describe the entrepreneurship trends can be used in the development of the strategic plans for the small and medium business.